After predictions of doom, we are pleased to be able to report that the major capital taxes, CGT and IHT have remained surprisingly untouched. Indeed, many of the rates and bands are stated to remain unchanged until 2026. Whether this comes to pass is of course a moot point. Consequently, there has never been a better time to consider estate planning. We know the rules and business assets in particular can be passed down generations free of tax.
Do not tarry. This cannot last…………